Carnegie Lake Advisors LLC Has $52,000 Stake in Medical Properties Trust, Inc. (NYSE:MPW)

Carnegie Lake Advisors LLC cut its holdings in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 65.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,250 shares of the real estate investment trust’s stock after selling 24,685 shares during the quarter. Carnegie Lake Advisors LLC’s holdings in Medical Properties Trust were worth $52,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. KG&L Capital Management LLC increased its holdings in shares of Medical Properties Trust by 5.3% in the third quarter. KG&L Capital Management LLC now owns 50,875 shares of the real estate investment trust’s stock valued at $298,000 after purchasing an additional 2,550 shares during the last quarter. Vanderbilt University grew its stake in Medical Properties Trust by 7.5% in the 4th quarter. Vanderbilt University now owns 44,813 shares of the real estate investment trust’s stock valued at $177,000 after buying an additional 3,117 shares during the last quarter. GAMMA Investing LLC raised its holdings in Medical Properties Trust by 107.3% in the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 3,145 shares during the period. Commerce Bank lifted its position in Medical Properties Trust by 4.0% during the third quarter. Commerce Bank now owns 89,058 shares of the real estate investment trust’s stock worth $521,000 after acquiring an additional 3,435 shares during the last quarter. Finally, Natixis Advisors LLC boosted its holdings in shares of Medical Properties Trust by 5.6% during the third quarter. Natixis Advisors LLC now owns 80,028 shares of the real estate investment trust’s stock worth $468,000 after acquiring an additional 4,231 shares during the period. Institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Performance

Shares of NYSE:MPW opened at $4.80 on Tuesday. The business’s 50 day simple moving average is $4.18 and its 200 day simple moving average is $4.64. Medical Properties Trust, Inc. has a 1 year low of $3.35 and a 1 year high of $6.55. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date of this dividend was Thursday, December 12th. Medical Properties Trust’s payout ratio is currently -7.58%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MPW. Mizuho lowered their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Truist Financial lowered their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.92.

Insider Buying and Selling

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the transaction, the chief accounting officer now directly owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.53% of the stock is owned by company insiders.

Medical Properties Trust Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.